Your guide to NYC's public proceedings.
Q&A
Budget and staffing details for the Neighborhood Pillars program
1:29:31
ยท
84 sec
Council Member Sanchez inquires about the budget and staffing resources for the Neighborhood Pillars program. Deputy Commissioner Caphart provides information on capital funding and preservation budget.
- Caphart reports $42 million added for Neighborhood Pillars across the financial plan
- Overall preservation capital plan is about $5.8 billion over ten years
- Staffing for Neighborhood Pillars falls under the preservation finance team with 54 active headcount
Pierina Sanchez
1:29:31
Okay, thank you.
1:29:33
So in addition to the term sheet itself, continuing the conversation the thread on staffing, what is the total budget for neighborhood pillars in the preliminary plan on the capital side?
1:29:44
And given the critical importance of this tool for preservation preserving distressed buildings, what additional capital and staffing resources is HPD putting towards this program over the next five years?
Ahmed Tigani
1:29:54
I'm gonna turn to our DC for budget on that.
Gardea Caphart
1:29:56
Yeah.
1:29:57
So in terms of neighborhood pillars, so first with the capital budget, you know, with the funding we do move funding around depending on what projects are.
1:30:07
What was added for neighborhood pillars is about 42,000,000 right now as it stands across the financial plan.
1:30:15
And in terms of preservation, we'd to look at it overall.
1:30:19
Our overall preservation capital plan over the year over the ten year capital plan is about $5,800,000,000 right now.
Pierina Sanchez
1:30:33
And what is the budgeted headcount affiliated or associated with the Neighborhood Pillars program?
1:30:40
Is the vacancy rate?
Gardea Caphart
1:30:41
So we don't have as far as that particular program, but we that's under our overall preservation finance team that I mentioned earlier that currently has an active headcount of about 54 people and we'll continue to hire.